Euro area industrial output down 1.8 percent in August from July

Tuesday, 14 October 2014 15:27:46 (GMT+3)   |   Istanbul
       

In August this year, seasonally-adjusted industrial production decreased by 1.8 percent in the euro area and by 1.4 percent in the EU-28 as compared with July, while industrial production in July had increased by 0.9 percent in the euro area and by 0.7 percent in the EU-28, both on month-on-month basis. In August this year compared with August 2013, industrial production fell by 1.9 percent in the euro area and by 0.8 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.
 
As compared to July, in August this year the production of durable goods increased by 0.2 percent in the euro area and by 0.6 percent in the EU-28. Meanwhile, in the given month, production of non-durable consumer goods fell by 0.2 percent in the euro area and increased by 0.2 percent in the EU-28, while production of intermediate goods decreased by 0.7 percent in the euro area and by 0.4 percent in the EU-28, month on month. In August of the current year, production of capital goods fell by 4.8 percent in the euro area and decreased by 4.3 percent in the EU-28, while production of energy increased by 1.2 percent in both areas, all month on month.  
 
Among the member states, in August the highest month-on-month increases were registered in Denmark (+6.9 percent), Portugal (+3.1 percent), and the Netherlands (+1.3 percent), and the largest decreases in Hungary (-5.8 percent), Germany (-4.3 percent) and Croatia (-4.1 percent).
As compared to the same month of 2013, in August this year production of non-durable consumer goods increased by 1.4 percent in the euro area and by 1.9 percent in the EU-28, while production of intermediate goods fell by 1.1 percent in the euro area and increased by 0.4 percent in the EU-28. In August of the current year, production of durable consumer goods decreased by 2.9 percent in the euro area and increased by 1.4 percent in the EU-28, production of energy dropped by 3.5 percent in the euro area and by 3.3 percent in the EU-28, while production of capital goods decreased by 3.7 percent in the euro area and fell by 2.3 percent in the EU-28, all year on year.

Among the member states for which data are available, in August this year the largest year-on-year decreases were registered in Malta (-7.0 percent), Greece (-6.0 percent), Lithuania (-4.9 percent) and Croatia (-4.7 percent), and the highest increases in Ireland (+18.3 percent), Luxembourg (+5.6 percent), Slovenia (+4.6 percent) and Portugal (+3.9 percent).